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Hyundai Marks Highest Domestic Sales 15.1% Growth in FY 2015-16

Hyundai Marks Highest Domestic Sales 15.1% Growth in FY 2015-16

Snapshot: Hyundai sold 484,324 units for the fiscal year 2015-16 compared to the 420,668 units in 2014-15, registering a growth of 15.1 percent.

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India’s largest passenger car exporter and leading car manufacturer, Hyundai Motor India Ltd recorded its highest-ever domestic sales for the fiscal year 2015-16. Hyundai has sold 484,324 units for the fiscal year 2015-16 compared to the 420,668 units in 2014-15, registering a growth of 15.1 percent. Not only this the brand has also registered a growth of 4.2 percent for the fiscal, domestic sales of 41,201 units and exports of 10,251 units with cumulative sales of 51,452 units.

This success in the domestic market is all due to the new-generation cars like the Creta, Elite i20 and the Grand i10. All the three which has given their best sales performance to the company in India.

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Commenting on the March sales Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing, Hyundai Motor India Ltd. said, “Hyundai for FY ’15-16 achieved an all-time highest volume of 484,324 units with 15.1% yearly growth with highest-ever market share of 17% plus on the strong performance of models like Creta, Elite i20 and Grand i10 with many innovations on product and channel under the Vision of Experience Hyundai.

March 2016:

HMIL sales

Mar 2015

Mar 2016

(%)

Domestic

39,525

41,201

4.2

Exports

10,215

10,251

0.4

Cumulative

49,740

51,452

3.4

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